The time has arrived for a new round of BBVA Momentum! BBVA’s social entrepreneurship program returns in 2019 with its most ambitious target to date: to support 160 social entrepreneurs across Colombia, the United States, Mexico, and Turkey. It aims to foster their growth and increase the positive impact they make on their communities. The candidate application process for the 2019 program closes on April 22.

BBVA Compass today announced the official opening of applications for BBVA Momentum 2019, a small business program for social entrepreneurs designed to help them achieve scale, enhance operations and multiply the social and economic impact of their business.

On February 25th, BBVA’s Open Space auditorium in Madrid was transformed into a meeting space with the best of the BBVA Momentum ecosystem. The global event completes the 2018 edition of BBVA Momentum, which united the year’s most promising entrepreneurs from Colombia, the U.S., Mexico and Turkey. The entrepreneurs presented their projects and growth plans, and sector experts discussed current issues in the social investment field.

At an event celebrating the winner of BBVA Momentum 2018 last night, BBVA Compass executives announced the opening for 2019 Momentum applications, as well as a second opportunity for entrepreneurs to win up to $60,000 for their businesses, called the Entrepreneurial Opportunity of the Year contest presented by BBVA Compass and The Business Journals.

BBVA Momentum, BBVA’s social entrepreneurship support program, will host a global event to showcase the brightest projects of its 2018 edition. These companies, from Colombia, the United States, Mexico and Turkey, have come up with innovative ways to tackle some of today’s most pressing social and environmental challenges.

Social entrepreneur Michelle Corson of Dallas, Texas took home the $75,000 first prize for On the Road Lending, a company which finances fuel-efficient and reliable cars, under warranty, for lower-skilled workers with weak credit at the wrap of BBVA Compass second annual social entrepreneur program BBVA Momentum.

BBVA Compass is expanding its BBVA Momentum accelerator program this year and inviting social entrepreneurs from across its seven-state Sunbelt footprint to apply. The bank will select up to 35 entrepreneurs to participate in the intensive five-month training program for entrepreneurs who want to change the world through their work.

BBVA Compass clients and Dallas community leaders gathered downtown Thursday night at Café Momentum, where the former juvenile offenders who power the restaurant prepared and served attendees a haute-cuisine meal and gave them a firsthand look at social entrepreneur Chad Houser’s ambitious venture to rehabilitate the youth and help them reenter society.

Chad Houser of Dallas-based Café Momentum, a restaurant training platform for juvenile offenders, won the top prize of $50,000 last week as the BBVA Momentum program for social entrepreneurs closed out its inaugural season in the U.S.

If the No. 1 fear in the U.S. is public speaking — and it actually is, according to a number of surveys, even above the fear of death itself — then the seminar for BBVA Momentum participants this fall at the University of Texas at Austin was a security blanket.

BBVA is the only bank participating in the European Business – Education Summit organized by the European Commission and CSR Europe in Brussels. At the meeting, BBVA’s Executive Member of the Board, Head of Global Economics, Regulation and Public Affairs, José Manuel González-Páramo, defended the importance of providing young people, not only with financial education, but also entrepreneurial skills, to boost Europe’s economy.

The social entrepreneurs selected for the inaugural U.S. class of the BBVA Momentum mentorship program dove into the details of business-building in their second session with top-flight educators at the University of Texas at Austin.

Twenty social entrepreneurs from Texas who have channeled their passions into solving an array of society’s issues were selected to join the inaugural U.S. class of BBVA Momentum, an intensive seven-month training program for those who want to change the world through their work.

A total of 87 entrepreneurs from five countries have been selected to participate in BBVA Momentum 2017, the most global edition of BBVA’s program of social entrepreneurship. The selection was made from among a total of more than 700 candidates from Spain, Mexico, the United States, Colombia and Turkey.

Ambitious social entrepreneurs from Texas are gathering today at the McCombs School of Business at the University of Texas at Austin to make their case for joining the inaugural class of BBVA Momentum, an intensive seven-month training program for entrepreneurs who want to change the world through their work.

Master, guru, adviser, guide… The mentor is one of the most important figures for an entrepreneur during all stages of their career. Even those who have reached the top and are true celebrities have needed (and continue needing) the sage advice of experts.

More than 600 entrepreneurs from Spain, Mexico and the United States have signed up to participate in the sixth edition of BBVA Momentum, BBVA´s support program for social startups. The registration phase ended on April l16 and the selection period has now begun. On May 22, the names of all the entrepreneurs selected in each country will be announced.

BBVA Compass is putting out the call to social entrepreneurs in Texas who are eager to scale up so that they can have greater impact on people’s lives. The bank will select up to 20 to participate in BBVA Momentum, an intensive seven-month training program for entrepreneurs who want to change the world through their work.

The submission period for the sixth edition of BBVA Momentum, BBVA’s social entrepreneurship program, expired last Friday, March 31st. The number of companies that have registered has exceeded all expectations. Given this great response, the organizers have decided to push back deadline until April 16.

No matter how good an idea or wonderfully designed a project are, without relying on the right collaborators, mentors and entrepreneurs, success is likely to remain elusive for entrepreneurs. Five years ago, Momentum started nurturing an ecosystem that has continued to grow ever since, bringing participants together and promoting collaboration and synergies.

BBVA Momentum is not your typical business funding program, because it places a special emphasis on strategic mentoring, training and support. However, businesses enroll in the program for a number of reasons, including the possibility of being awarded a cash prize that will allow them increase their impact. For this reason, the new edition will continue providing access to investment, but with a different approach.

At BBVA Momentum, entrepreneurs go back to school, but this time in an innovative way that fits in their fast-paced lifestyle. Technology is the new edition’s biggest ally, allowing participants to refresh their knowledge, acquire new skills and interact with each other.

BBVA launches the sixth edition of its social entrepreneurship support program, which from now on will be global – it will be developed in Spain, the United States, Mexico, Turkey and Colombia –, will offer support to more companies and will adjust better to the reality of social entrepreneurs. BBVA Momentum channels its support through five initiatives: a training program; a strategic mentoring program; a network of entrepreneurs, customers and investors; collaboration to provide visibility to the companies; and, finally, funding.

Nobody wants to go into a care home. Based on this premise, Saraiva Senior, a project by Sacendi (a social and healthcare company that provides integrated services for the elderly in Pontevedra), aims to implement a new approach to care for the elderly. The company, a participant in BBVA Momentum, BBVA’s support program aimed at social enterprises, is determined to change mindsets, promote a positive vision of aging and renew the traditional concept of the care home. The director of this social enterprise, Lucía Saborido, its associate director, Noelia López and its technical director, Ricardo Fra Otero, explain how.

Many of the Momentum companies have focused on making life easier for others through technological solutions. Their ideas are overcoming obstacles and giving new meaning to the lives of thousands of people.

Momentum, BBVA’s program in support of social entrepreneurship, is today a benchmark in the sector. Since its first edition in 2011, it has driven the expansion process of 56 companies with high social impact in Spain, 30 in Mexico and six in Peru. Many of them have succeeded in making a niche for themselves in the market thanks to their pioneering products or new approaches to business.

Momentum Project 2016 in Mexico will support 100 SMEs to speed up their potential through face-to-face and online training. This program offers a unique opportunity to grow in an environment where social entrepreneurship needs ways to become stronger.

The European entrepreneurship network, Startup Europe Partnership, has distinguished the companies that most help startups in the “Europe’s 25 Corporate Startup Stars” list. Telefonica and BBVA are the only Spanish companies listed in this ranking for their good practices in supporting entrepreneurs.

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